7 bedroom terraced house for sale
Merseyside, PR9
terraced house
bedrooms
Property photos
+4
Property description
FOR SALE BY ONLINE AUCTION 15TH MAY 2024:
A substantial HMO investment opportunity available here with seven en-suite bedrooms, three kitchens, ground floor communal space, garden and parking. With a very attractive rental income and a compliment of tenants in situ, the return per annum currently sits at £45,600 (based on full capacity). Of note, the properties to either side of #23 have had permissions to extend – with similar permissions being granted here, there is potential to bring the property to a 9 bed HMO.
ACCOMMODATION
Ground Floor: Entrance hallway leading to two en suite bedrooms, communal sitting room and on to fitted kitchen with access to rear yard and basement.
First Floor: Split landing off to three en suite bedrooms and fitted kitchen
Second Floor: Split landing off to two en suite bedrooms and fitted kitchen
LOCATION
Bath Street is central to Southport Town and is therefore within walking distance of local shops, bars, restaurants, and train station, and of course, the marina and beach.
Tenure: Freehold
Council Tax Band: D
AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1800 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.
A substantial HMO investment opportunity available here with seven en-suite bedrooms, three kitchens, ground floor communal space, garden and parking. With a very attractive rental income and a compliment of tenants in situ, the return per annum currently sits at £45,600 (based on full capacity). Of note, the properties to either side of #23 have had permissions to extend – with similar permissions being granted here, there is potential to bring the property to a 9 bed HMO.
ACCOMMODATION
Ground Floor: Entrance hallway leading to two en suite bedrooms, communal sitting room and on to fitted kitchen with access to rear yard and basement.
First Floor: Split landing off to three en suite bedrooms and fitted kitchen
Second Floor: Split landing off to two en suite bedrooms and fitted kitchen
LOCATION
Bath Street is central to Southport Town and is therefore within walking distance of local shops, bars, restaurants, and train station, and of course, the marina and beach.
Tenure: Freehold
Council Tax Band: D
AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £1800 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.
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Council tax
First listed
Over a month agoMerseyside, PR9
Marketed by
Venmore - Auctions Prospect House, Columbus Quay Riverside Drive, Liverpool L3 4DBPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Merseyside, PR9 - Streetview
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